Lower Your 2016 Volkswagen e-Golf Insurance Rates

Scraping up a payment for overpriced Volkswagen e-Golf insurance can draw down your accounts and possibly require postponing other expenditures. Performing a price comparison is a smart way to cut your insurance bill.

Lots of insurance companies contend to insure your vehicles, and it can be difficult to compare rates to get the lowest rate possible.

It’s a great practice to compare prices before your next renewal due to the fact that insurance rates are rarely the same from one policy term to another. Even if you got the best rate for e-Golf coverage a year ago a different company probably has better prices today. You can find a lot of wrong information about insurance on the web, but in a few minutes you can learn some great ideas on how to lower your insurance rates.

How much is auto insurance?

When looking for cheaper insurance coverage quotes, there are a couple ways of comparing rates from many auto insurance companies in your state. The recommended way to find cheaper 2016 Volkswagen e-Golf rates consists of shopping online. This is very easy and can be done using a couple different methods.

  1. The easiest and least time consuming way to get quotes is an all-inclusive rate comparison like this one (opens in new window). This method keeps you from doing separate forms for each price estimate. Completing one form gets you price quotes from multiple companies.
  2. A less efficient way to analyze rates consists of visiting the website for every company you want to comare and go through the quote process again. For instance, we’ll pretend you want to compare Liberty Mutual, State Farm and Farmers. In order to compare rates, you need to navigate to each company’s site and enter your information, which can take a lot of time.

    To view a list of companies in your area, click here.

  3. The least efficient way to quote and compare insurance rates is making phone calls or going to insurance agencies in your area. Shopping for auto insurance online reduces the need to sit down with an agent unless you have a complicated situation and need the personal advice only provided by licensed agents. Drivers can compare online quotes and have a local agent actually service the policy.

Whichever way you use, do your best to use equivalent coverages and limits with each company. If you enter mixed coverages it’s impossible to determine the best price for your Volkswagen e-Golf. Just slight variations in coverage limits could mean much higher rates. Just keep in mind that comparing more quotes increases the change that you will find better pricing. Not every company does price estimates online, so you need to compare price quotes from those companies as well.

Auto insurance quotes and discounts

Auto insurance is not inexpensive, but there’s a good chance there are discounts to reduce the price significantly. A few discounts will be applied at the time of purchase, but some must be manually applied before you will receive the discount.

  • Multi-line Discount – Larger auto insurance companies have a discounted rate on car insurance if you buy a life insurance policy as well.
  • Auto/Home Discount – When you combine your auto and home insurance and insure them both with the same insurance company you could get a discount of approximately 10% to 15%.
  • More Vehicles More Savings – Purchasing coverage when you have primary and secondary vehicles with one company may reduce the rate for each vehicle.
  • Senior Citizens – Seniors can get a small decrease in premiums for e-Golf coverage.
  • Distant College Student Discount – Children who are enrolled in higher education away from home and won’t have access to an insured vehicle can receive lower rates.
  • Switch and Save Discount – A few auto insurance companies allow discounts for switching to them before your current policy expires. You could save around 10% when you buy insurance coverage online.

It’s important to understand that most discount credits are not given to the entire policy premium. Most only cut specific coverage prices like collision or personal injury protection. So even though it sounds like adding up those discounts means a free policy, auto insurance companies aren’t that generous.

Companies and some of the premium reductions they offer are included below.

  • Farmers Insurance offers discounts for multi-car, bundle discounts, switch companies, homeowner, alternative fuel, youthful driver, and pay in full.
  • Esurance discounts include good driver, claim free, Switch & Save, online shopper, safety device, defensive driver, and anti-theft.
  • State Farm may have discounts that include driver’s education, multiple policy, accident-free, student away at school, and Drive Safe & Save.
  • Geico policyholders can earn discounts including driver training, military active duty, multi-vehicle, five-year accident-free, emergency military deployment, and defensive driver.
  • Allstate may include discounts for eSmart discount, FullPay discount, EZ pay plan discount, early signing, and premier plus.

If you want low cost insurance coverage quotes, ask every insurance company how you can save money. Some of the earlier mentioned discounts might not be available to policyholders everywhere. To view auto insurance companies who offer auto insurance discounts, follow this link.

Situations that may require an agent’s advice

When choosing the right insurance coverage for your personal vehicles, there really is no single plan that fits everyone. Every insured’s situation is different so your insurance should reflect that For example, these questions can help discover if your insurance needs may require specific advice.

  • When can my company non-renew my policy?
  • Should I buy only the required minimum liability coverage?
  • Am I covered when driving in Canada or Mexico?
  • What is the ISO rating for a 2016 Volkswagen e-Golf?
  • Why is insurance for a teen driver so high?
  • How high should deductibles be on a 2016 Volkswagen e-Golf?

If you’re not sure about those questions but you think they might apply to your situation, you may need to chat with a licensed insurance agent. To find lower rates from a local agent, complete this form or you can go here for a list of companies in your area.

How insurers calculate Volkswagen e-Golf insurance premiums

Many different elements are part of the calculation when you get a price on insurance. Some of the criteria are obvious such as your driving record, but some are more obscure such as your credit history or your vehicle rating.When buying insurance it’s important to understand some of the elements that are used to determine the rates you pay for insurance. When you know what positively or negatively influences your rates, this empowers consumers to make smart changes that can earn you lower premium levels.

Listed below are most of the major factors companies use to determine your premiums.

  • Liability coverage safeguards assets – A critical coverage on your policy, liability insurance will afford coverage if ever you are determined to be liable for causing personal injury or damage in an accident. It provides legal defense coverage to defend your case. Liability is cheap compared to comp and collision, so drivers should make sure they buy enough to cover all assets.
  • Getting married is a bonus – Being married helps lower the price compared to being single. Marriage generally demonstrates drivers are more financially stable and statistics show married drivers tend to file fewer claims.
  • Better credit means lower prices – Having a good credit history factor in determining your rates. Drivers with high credit ratings tend to be less risk to insure than drivers who have poor credit. If your credit rating leaves room for improvement, you could save money insuring your 2016 Volkswagen e-Golf if you improve your credit rating.
  • Your job can affect premiums – Occupational choices like judges, social workers and financial analysts generally have higher premium rates due to intense work situations and long work hours. On the flip side, occupations like farmers, historians and homemakers pay lower than average rates for e-Golf coverage.
  • Your address can push rates up or down – Living in a rural area can be a good thing if you are looking for the lowest rates. Lower population corresponds to lower accident rates. Urban drivers regularly have much more traffic and more severe claims. Higher commute times means more chances of being involved in an auto accident.
  • Lower insurance rates with alarm systems – Owning a car that has a built-in theft deterrent system can earn a premium discount. Anti-theft devices like vehicle immobilizer systems, General Motors OnStar and LoJack tracking systems all help prevent auto theft and help lower rates.
  • Do you really need roadside assistance? – Policies have extra bells and whistles that can waste your money if you aren’t diligent. Insurance for roadside assistance, high-cost glass coverage, and extra equipment coverage may be costing you every month. They may seem good initially, but your money might be better spent on other coverage so eliminate them to save money.
  • Reserve policy claims for larger damages – If you frequently file small claims, you can look forward to increased rates or even have your policy non-renewed. Insurance companies generally give better rates to policyholders who do not file claims often. Insurance coverage is designed for the large, substantial claims.

Can you really save that much by switching?

Insurance coverage companies such as Progressive, Geico, Allstate and State Farm constantly bombard you with television, radio, and online ads. They all advertise claims that you’ll save big after switching your policy. How does every insurance coverage company give you a lower rate? It’s all in the words they use.

Insurance coverage companies have an ideal profile for the type of customer that will add to their bottom line. For instance, this type of driver should be between 30 and 50, has never had a claim, and drives newer vehicles. Anybody that hits that “sweet spot” will probably get the lowest rates as well as save when they switch companies.

Consumers who fall short of this ideal profile will be quoted a higher premium which results in the customer not purchasing. The trick companies use is to say “people that switch” but not “everyone who gets a quote” save that kind of money. This is how insurance companies can make those claims. This illustrates why it’s extremely important to do a rate comparison at every renewal. You cannot predict the company that will have the best car insurance rates at this point in time.

Car insurance coverage information

Learning about specific coverages of your policy can be of help when determining the right coverages and the correct deductibles and limits. The terms used in a policy can be ambiguous and coverage can change by endorsement. Shown next are typical coverages offered by insurance companies.

Collision coverage

Collision insurance pays to fix your vehicle from damage caused by collision with an object or car. You first must pay a deductible and then insurance will cover the remainder.

Collision coverage pays for claims like crashing into a ditch, scraping a guard rail, sideswiping another vehicle and colliding with a tree. Collision coverage makes up a good portion of your premium, so consider dropping it from lower value vehicles. Drivers also have the option to increase the deductible to save money on collision insurance.

Comprehensive or Other Than Collision

This coverage will pay to fix damage from a wide range of events other than collision. You need to pay your deductible first and then insurance will cover the rest of the damage.

Comprehensive coverage protects against things such as vandalism, fire damage, rock chips in glass and hitting a bird. The maximum payout you’ll receive from a claim is the ACV or actual cash value, so if it’s not worth much more than your deductible it’s not worth carrying full coverage.

Medical costs insurance

Personal Injury Protection (PIP) and medical payments coverage provide coverage for expenses for things like chiropractic care, EMT expenses, rehabilitation expenses and prosthetic devices. They are often utilized in addition to your health insurance policy or if you lack health insurance entirely. They cover all vehicle occupants and also covers any family member struck as a pedestrian. Personal Injury Protection is not universally available but it provides additional coverages not offered by medical payments coverage

UM/UIM Coverage

This coverage provides protection when other motorists either are underinsured or have no liability coverage at all. It can pay for injuries to you and your family and also any damage incurred to your 2016 Volkswagen e-Golf.

Due to the fact that many drivers only purchase the least amount of liability that is required, their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important.

Liability car insurance

Liability insurance protects you from damage or injury you incur to people or other property. This insurance protects YOU from claims by other people. Liability doesn’t cover your own vehicle damage or injuries.

It consists of three limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You commonly see policy limits of 100/300/100 which stand for a limit of $100,000 per injured person, a per accident bodily injury limit of $300,000, and a limit of $100,000 paid for damaged property.

Liability insurance covers things like legal defense fees, repair bills for other people’s vehicles, funeral expenses and attorney fees. How much coverage you buy is your choice, but buy as high a limit as you can afford.

Shop smart and save

As you shop your coverage around, make sure you don’t buy less coverage just to save a little money. There have been many cases where an insured dropped liability limits or collision coverage to discover at claim time that they should have had better coverage. Your goal should be to get the best coverage possible at the best cost, but do not sacrifice coverage to save money.

Some companies don’t offer internet price quotes and most of the time these smaller companies only sell coverage through independent insurance agents. Affordable 2016 Volkswagen e-Golf insurance can be sourced both online and from local insurance agents, so you should be comparing quotes from both to have the best rate selection.

We just presented some good ideas how to reduce 2016 Volkswagen e-Golf insurance car insurance rates online. The key concept to understand is the more companies you get premium rates for, the better your chances of lowering your premium rates. Consumers could even find that the best price on insurance coverage is with an unexpected company. Some small companies may have significantly lower premium rates on certain market segments than their larger competitors like Geico and State Farm.

Even more information can be read at these sites: